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Madrid, Jan.17, stock advice .- Goldman Sachs raised its 12-month price target on Facebook Inc. to $38 from $35 on Thursday. In a note, Goldman said it sees upside for the fourth quarter earnings that Facebook is due to report on Jan. 30, owing to a continued strong ramp in News Feed adds, along with its new Gifts services. "We believe our estimate of $404 million in revenue from News Feed ads may prove too conservative," the analysts said in a research note. It said the Gifts segment could represent $20 million to $45 million in payments revenue that's not included in the analysts' current fourth-quarter estimates. Goldman expects Facebook to report fourth-quarter revenue of $1.49 billion and adjusted earnings per share of 14 cents. ...
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